2236 Us-70 Swannanoa, NC 28778
- Land
- 2.29 lot acres
Current Use by Public Records
- Land
Property Details for 2236 Us-70
- Lot size
- 2.29 lot acres
- Property type
- Land
Description
This exceptional 2.29-acre commercial land parcel presents a unique investment opportunity in Swannanoa, North Carolina. Ideally situated at 2236 US-70, this CS-zoned property boasts high visibility and accessibility, located approximately 15-20 minutes from downtown Asheville and only about one mile from I-40, a major thoroughfare with an average annual daily traffic count of approximately 50,000 vehicles. The property's strategic location also places it within a 10-minute radius of the VA hospital, the scenic Blue Ridge Parkway, and the John B Lewis soccer fields. US-70 itself sees approximately 11,000 vehicles daily. The site's proximity to two recently constructed multifamily developments (60 and 95 units respectively) further underscores its potential for significant development. While two existing houses are on the property, they are not factored into the asking price of $1,100,000 and have month-to-month tenants. A sewer line runs along a nearby stream. Note that a sewer easement exists along Franklin Road. This property, outside Asheville city limits, presents a compelling opportunity for affordable housing development or other commercial ventures. The Buncombe County APN is 9689-50-9348-00000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Swannanoa
- County
- Buncombe
- State
- North Carolina
- Longitude
- -82.4122
- Latitude
- 35.5991
